Several manufacturing companies are set to relocate from Kenya to Ethiopia in protest of the high cost of electricity, it has emerged. This, even as the Government insists that it is working on a plan to bring down the cost of power, which has made locally made products to be less competitive. One of the

In this grab taken from video, Britain’s Prime Minister Theresa May speaks during Prime Minister’s Questions in the House of Commons, London, Wednesday April 3, 2019. With Britain racing toward a chaotic exit from the European Union within days, May veered away from the cliff-edge Tuesday, saying she would seek another Brexit delay and hold

On 1 April 2019, the European Union and the Government of Somaliland organised a workshop on “Investing in resilience in Somaliland”. The event gathered government institutions, donor partners, district commissioners, civil society organisations and other key stakeholders. Participants discussed the challenges generated by recurrent droughts and measures to strengthen the resilience of households, communities and

The Treasury borrowed an average of Sh2.1 billion every day, racking up Sh126.4 billion in loans between January and February and raising Kenya’s total debt load to Sh5.4 trillion. Latest debt data published by the Central Bank of Kenya (CBK) shows that domestic debt rose by Sh142.6 billion to Sh2.692 trillion in the period, while

A Geothermal development Company steam well in Menengai, Nakuru County. In yet another brazen act of disdain for the Kenyan taxpayer, a foreign contractor has pocketed Sh1.4 billion advance payment and left a parastatal in the energy sector high and dry, gasping for breath. It is a familiar story; contractor plucked from faraway lands, signs

The jury was still out yesterday as to whether Kenya may have got a raw deal from the flurry of economic pacts signed with Uganda during President Yoweri Museveni’s three-day visit. While some praised President Uhuru Kenyatta’s success at gaining his counterpart’s backing for the extension of the Standard Gauge Railway (SGR) to Uganda in

Britain’s Prime Minister Theresa May speaks in the Parliament in London, Britain, March 29, 2019 in this screen grab taken from video. Reuters TV via REUTERS Lawmakers rejected Prime Minister Theresa May’s Brexit deal for a third time on Friday, sounding its probable death knell and leaving Britain’s withdrawal from the European Union in turmoil

Photo Reuters U.S. Energy Secretary Rick Perry told lawmakers on Thursday he did not know whether any of the approvals he authorized for U.S. companies to sell nuclear power technology to Saudi Arabia were made after the killing of journalist Jamal Khashoggi in October last year. Perry told a Senate hearing he has approved six

Photo Reuters U.S. Energy Secretary Rick Perry has approved six secret authorizations by companies to sell nuclear power technology and assistance to Saudi Arabia, according to a copy of a document seen by Reuters on Wednesday. The Trump administration has quietly pursued a wider deal on sharing U.S. nuclear power technology with Saudi Arabia, which

British Prime Minister Theresa May speaks at the House of Commons in London, Britain March 27, 2019. ©UK Parliament/Jessica Taylor/Handout via REUTERS British Prime Minister Theresa May offered on Wednesday to quit if her European Union divorce deal passes at the third attempt, making a last-ditch sacrifice to try to win over dozens of rebels